NIFTY is approaching a crucial resistance zone while showing signs of RSI Divergence, raising concerns about a potential Bull Trap.
- detail discussion on YT video
- let me know your view for friday
https://t.co/u1zaXsEPAj
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Nifty50 View for 19th June…
🚨 NIFTY Rally Exhausted? A Bull Trap Could Be Loading…
NIFTY is trading inside a rising channel and is now approaching the upper boundary where momentum appears stretched. The market may first push slightly higher to hunt liquidity and attract late buyers before a potential reversal.
📌 Key levels to watch:
* 24,017 – First support zone
* 23,885 – Major support
* 23,731 – Breakdown confirmation level
As long as NIFTY remains inside the channel, bulls are in control
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NIFTY : FOR THURSDAY
- IM EXPECTTING NIFTY WILL FACE RESISTANCE FROM 24144-24160
- CAN GIVE 200-300 POINT FALL
- CAN WE MAKE CUP AND HANDLE IN UPCOMING WEEKS IT CAN MAKE FEW MORE LEGS
- RSI FORMING DIVERGENCE
- ZERO HERO TRADE ON SENSEX WILL SHARE
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Sensex 76600 pe
Buying : 120-110
Sl 95
Target: 150/175/200/225
(Small sl trade )
First and last trade of today
( if sl hit see you tomorrow )
#sensex#Nifty#Nifty50
NIFTY DEFENCE : 78 TO 104 🚀
NOW : BEST TO ADD AGAIN IS NEAR 93-90
🎯TARGET WILL BE 110 FINAL
(waiting to add more quantities near 90 otherwise not a good to add now because best was 78-80)
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https://t.co/3XBM9dHHDf
NIFTY : 1300 move direction
✨ 23823 is BEAR ZONE , till we are below 24050 we can expect 1000 points FALL
📉 If nifty face rejection from 23823-23850 we can fall sharply
❌ INVALID VIEW BELOW 24050
🎯 Target expecting : 22722
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